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Mr. Abutair has the opportunity to invest in an account that will pay him an annual interest rate of 8%. How many years will it

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Mr. Abutair has the opportunity to invest in an account that will pay him an annual interest rate of 8%. How many years will it take for him to triple his initial investment? X 1) 18.85 2) 16.24 3) 11.53 4) 12.75 5) 14.27 Question 2 If the real interest rate is 6.0% and the expected inflation rate is 4.0% what is the nominal interest rate? 1) 3.77% x2) 10.00% 31 16.00%

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